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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.

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Robotics Company, Boomerang Systems Inc., Files for Chapter 11

Boomerang Systems Inc., a New Jersey-based leading provider of automated robotic parking solutions, recently filed for Chapter 11 bankruptcy protection. The company, known for creating high-tech parking decks where robots store and retrieve the vehicles, plans to secure new financing. Boomerang falls into debt but hopes to emerge as a viable business Boomerang and three affiliated debtors […]

Author: Joel R. Glucksman

September 30, 2015

Circuits Split Over Dodd-Frank Retaliation Provisions

Questions regarding who is a whistleblower under the Dodd-Frank anti-retaliation provisions continue to divide the courts. In Berman v. Neo@Ogilvy, a divided Second Circuit Court of Appeals broadly interpreted the statute to allow claims from internal tipsters that do not also notify the Securities and Exchange Commission (SEC). The decision directly conflicts with the Fifth […]

Author: Dan Brecher

September 30, 2015

Scarinci Hollenbeck

Free Seminar: The Latest 401k Trends and Best Practices

Staying Ahead of the (k)urve: The Latest 401 (k) Trends and Best Practices WHEN Tuesday, October 27, 2015 8:30 AM to 12:00PM ESTC WHERE New York Marriot East Side 525 Lexington Avenue New York, NY 10017 Please join us for this event as we discuss the latest trends impacting corporate retirement plans and the fiduciaries […]

Author: Gary S. Young

September 29, 2015

ERISA

FBI: BEC Scams Result in $1.2B in Losses

What is the BEC scam? The Federal Bureau of Investigation (FBI) is warning businesses about a sophisticated email scheme that has resulted in $1.2 billion in losses worldwide. In the United States, scammers defrauded more than 7,000 companies between October 2013 and August 2015. The Business Email Compromise – or BEC scam – typically targets […]

Author: Robert A. Marsico

September 29, 2015

NFL Fears More Holdouts on the Way as Salary Cap Rises

Salary cap rise causing unrest NFL executives are reportedly worried that players who negotiated their contracts during the salary cap’s slow annual rise from 2011 to 2013 will soon feel their teams owe them larger contracts, due to the fact that the threshold has been surging the last two years. With the holdout of the […]

Author: Anthony R. Caruso

September 29, 2015

NL Industries v. State of New Jersey Spill Act Decision

Legal Update: New Jersey Spill Act Decision The State of New Jersey can no longer assert that it should be exempt from liability under the New Jersey Spill Compensation and Control Act, N.J.S.A. 58:10-23.11, et seq. (“Spill Act”), based on a decision by the New Jersey Superior Court, Middlesex County in NL Industries v. State […]

Author: John M. Scagnelli

September 28, 2015

Caesars Gets Restructuring Deal with Senior Lenders

On Aug. 21, Caesars Entertainment Corp. announced that it had struck a deal with two of its largest debt holders. This came after it ended negotiations with first-lien creditors who did not approve the company’s massive reorganization plan for its largest operating division, Caesars Entertainment Operating Co. A bankruptcy judge had previously ruled that the […]

Author: Joel R. Glucksman

September 28, 2015

Scarinci Hollenbeck

NJ Appeals Court: Borgata Babes Weight Standard Doesn’t Violate NJLAD

The Appellate Division recently ruled that the Borgata Casino’s appearance policy for their employees – known as the Borgata Babes – which includes a strict weight standard, does not violate the New Jersey Law Against Discrimination (NJLAD). However, it did find that several Borgata Babes may be able to prove that they were sexually harassed after […]

Author: Jorge R. de Armas

September 28, 2015

Does the 'Baseball Rule' still apply?

What is the Baseball Rule? For some time, baseball parks have been protected from liability in cases of fans getting hit by projectiles at baseball parks due to the so-called “Baseball Rule.” While the rule hasn’t always held up, it has, for the most part, remained safely in place. But, now people are asking, does […]

Author: Anthony R. Caruso

September 25, 2015

Scarinci Hollenbeck

Military Retailer, USA Discounters Ltd. Racks up Debt, Files for Chapter 11

USA Discounters Ltd., a retailer with stores located near 11 of the largest military bases in the nation, recently announced it had filed for Chapter 11 bankruptcy protection. The company plans to wind down operations after liquidating 24 of its store locations. USA Discounters cites several factors for its debt In court documents involving HMRC […]

Author: Joel R. Glucksman

September 25, 2015

Could Your Business Fall Victim to a Trademark Scam?

New York and New Jersey businesses are increasingly being targeted by the ever-present threat that is the trademark scam. With that said, it is imperative to be able to discern a potential fraud from legitimate correspondence from the U.S. Patent and Trademark Office (USPTO). The art of the trademark scam flourishes in large part because […]

Author: Fred D. Zemel

September 25, 2015

Restitution Payments are Tax Deductible

Restitution payments are now tax deductible The IRS recently issued a final private letter ruling which held that a principal of a business could deduct the amount of money paid as restitution in a business crime plea deal. This ruling was significant because while Sec. 162(f) states that no fines or penalties paid for violation of a […]

Author: James F. McDonough

September 25, 2015

Scarinci Hollenbeck

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